The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.93196 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.93106 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93278 |
| 2nd High | 0.93238 |
| Next High | 0.93196 |
| Current Price | 0.93178 |
| Next Low | 0.93106 |
| 2nd Low | 0.93093 |
| 3rd Low | 0.93059 |
0.93196 – 0.9319 – 0.93186 – 0.93106 – 0.93093 – 0.93059 —
0.93164 – 0.93156 —
48.531910041014 – 38.143926990747 —
– —
0.93196 – 1767934800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top chart pattern – – – – – – – –